: an act or occasion of foreclosing especially : a authorized continuing that bars or extinguishes a mortgagor's appropriate of redeeming a mortgaged estate Even though there isn't any payment defaults in connection with Reverse Home loans, there are actually other defaults, such as the failure to satisfy the indebtedness https://dmozbookmark.com/story14874232/5-simple-techniques-for-foreclosure-statute-of-limitations-by-state